Coinbase has announced the addition of Stader (SD) to its listing roadmap. The news comes as the altcoin market continues to show signs of strength, with many tokens experiencing significant gains in recent weeks.
Stader (SD) is a decentralized finance (DeFi) protocol that allows users to earn rewards by staking their Ethereum (ETH). The protocol has been gaining traction in recent months, and its native token, SD, has seen a corresponding price increase.
The addition of Stader (SD) to Coinbase’s listing roadmap is a major development for the project. Coinbase is one of the largest and most well-known cryptocurrency exchanges in the world, and a listing on the platform could significantly increase exposure to SD.
The news has already had a positive impact on the price of SD. The token is up over 78% in the past 24 hours, trading at around $0.72.